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HomeMy WebLinkAboutRM 09-06-96L• SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING September 6, 1996 10:00 a.m. Presiding: Paula N. Auburn 1. ROLL CALL Members Present: Members Absent: Legal Counsel: Redevelopment Staff: Business Assistance: Bureau of Housing: Media: 1308 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana Ms. Paula N. Auburn, President Mr. Robert W. Hunt, President Mr. William P. Hojnacki, Secretary Mr. Michael Donoho Mr. Philip J. Faccenda Ms. Jenny Pitts Manier Mrs. Ann Kolata, Director Ms. Vangelean Binion, Recording Secretary Mr. Mike Beitzinger, Economic Development Specialist Mrs. Sandy Saunders Mr. Don Porter, South Bend Tribune Others: Mr. Tom Walz, Lex Investment Mr. Jim Knepp, Lex Investment Mr. Rick Doolittle Mr. James O'Brien, Barnes & Thornburg Mr. Dennis Emery Mr. Carter Wolf, Center City Associates 2. APPROVAL OF MINUTES a. Approval of Minutes of the Regular Meeting of Friday, August 16, 1996. Upon a motion by Mr. Donoho, seconded by Mr. Hojnacki and unanimously carried, the Commission -1- COI 1&HSSION APPROVED THE MINUTES OF AUGUST 16, 1996 South Bend Redevelopment Commission Regular Meeting - September 6, 1996 approved the Minutes of the Regular Meeting of August 16, 1996. 3. APPROVAL OF CLAIMS Redevelopment Commission Claims submitted September 6, 1996, for approval. Ameritech $25.00 Coldwell Banker $1,000.00 Indiana Notary Association $15.00 Baker & Daniels $478.80 Slatile Roofing & Restoration $3,250.00 Business Systems $7.95 Dept. of Engineering $1,180.80 Mobile Comm $10.00 360 Communication $73.85 Woodcox Bldg Contractors $2,913.00 IACT $160.00 South Bend Tribune $84.38 Tri- County News $84.51 Kinko's $76.11 Insty Prints $45.50 Cheryl Phipps (Reimbursement) $33.08 AIRPORT TIF REVENUE (324 Pitcock Design Group $1,976.25 Peirce & Associates $390.00 Ken Herceg & Associates $6,672.00 Project Future $273.13 Framer's Workshop $96.00 Williams Aerial And Mapping Inc. $3,498.00 H.S. Altman $5,418.15 York Title & Escrow $170.00 Intertec Publishing Corp $947.75 American Electric Power $13.71 SAMPLE- EWING DEVELOPMENT AREA (414) Cole Associates Inc. $21,084.73 Troyer Group $1,709.75 Grauvogel & Associates $195.00 c -2- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 3. CLAIMS (Cont.) Knapp Environmental Construction $1,250.00 NIPSCO $40.18 Pierce & Associates $3,731.00 Thomas General Construction $1,491.35 Augusta Page & Re/Max Connection $1,000.00 St. Joseph County Clerk $3,600.00 Bradberry Brothers, Inc. $16,611.81 S.B.C.D.A. T.I.F. GENERAL ACCOUNTC420) Repairs Inc. $14,016.10 Real Estate Management $1,310.18 Superior Waste Systems $65.80 American Electric Power $628.85 South Bend Water Works $389.31 NIPSCO $7.47 Rose Exterminator Co. $40.00 C & S Service, Inc. $42.50 Femco $26.00 All Phase Electric Supply Co. $107.00 BLACKTHORN GOLF COURSE (619) North American Golf $12,922.03 Upon a motion by Mr. Donoho, seconded by COMMISSION APPROVED THE CLAIMS SUBMITTED Mr. Hojnacki and unanimously carried, the SEPTEMBER 6, 1996 AND ORDERED THE CHECKS Commission approved the Claims submitted TO BE RELEASED September 6, 1996 and ordered the checks to be released. 4. COMMUNICATIONS There were no communications. THERE WERE NO COMMUI`]ICATIONS Mrs. Auburn noted that the Executive Session will continue immediately following adjournment of the Regular Meeting. c 3- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 Mrs. Kolata asked permission to add three items to the agenda. There were no objections and items 6.v., 6.w. and 6.x. were added to the agenda. 5. OLD BUSINESS a. Commission approval requested for Resolution No. 1450 approving an application for personal property tag deduction for property located at 3333 West Lathrop Street. (Total Enterprises, LTD) Mr. Beitzinger gave the report on the project. Total Enterprises manufactures tooling primarily for use in the automotive and office furniture industries. They operate from a customer print through their CAD /CAM CW system to produce a pattern from which an aluminum cast is made. These castings are then machined and assembled into a finished operating tool. Such products as office and automotive seats, arm rests, head rests, fire walls, floor pans and head liners are made from the tools. The project calls for the purchase of one Partner CNC Bridge Type Machine, one 10,000# Linde - Baker Lift Truck, one Jason Time project time tracking software package, one EDM Workstation, one reconditioned Easco Model B EDM Machine and one toshiba 2550 Copier. Total Enterprises has indicated that the new equipment is necessary to produce larger tooling more competitively. The total estimated cost of the new equipment is $241,879. Per the petition, it is estimated that this project IL -4- ITEMS 6.V., 6.W., AND 6.X. WERE ADDED TO THE AGENDA South Bend Redevelopment Commission Regular Meeting - September 6, 1996 5. OLD BUSINESS (Cont.) a. continued.... will create six (6) new permanent full - time jobs within the first year, representing an annual payroll of $167,450 and will maintain forty seven (47) full -time and part-time jobs, representing an annual payroll of $1,400,000.00 A review of the tax abatements previously granted finds that Total Enterprises has not been granted any previous tax abatement consideration. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed use. A review of the tax abatement designation areas finds that the property is not located in an area presently designated as a Tax Abatement Impact Area nor is it located in the Economic Development Target Area. A review of the Redevelopment designation areas finds that the property is located in the Airport Economic Development Area, which is a Tax Incremental Allocation Area, therefore, the petition first requires the approval of the South Bend Redevelopment Commission. A review of the Tax Abatement Ordinance finds that Total Enterprises, Inc. meets the qualifications for a five (5) year personal property tax abatement. Using the estimated project cost of $241,879 the taxes expected to be c South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. OLD BUSINESS (Cont.) a. continued.... generated by the proposed project without abatement will be approximately $21,917. With a ten year abatement, the amount abated will be approximately $18,031. The taxes generated with the abatement will be approximately $3,886. b. Commission consideration of request to occupy space in the Palais Royale building on a temporary basis. Mrs. Kolata noted that this request is from the Notre Dame University graduate students in Art. Mrs. Manier drafted an agreement which the students are reviewing. Mrs. Kolata asked permission to table ITEM S.B. WAS TABLED item 5.b. to give the students time to review the agreement. There were no objections and item 5.b. was tabled. 6. NEW BUSINESS a. Receipt of bids on Parcel M19 -1, M19 -5, M19 -6 located at 602 S. Michigan Street in the South Bend Central Development Area. (Dreisbach Building) Mrs. Kolata noted that the staff has received two bids. Mrs. Kolata opened the first bid and read portions of it. The first proposal is from SSP Properties, an Indiana Partnership out of Anderson, Indiana. The proposal is for parcels A, B and C and is in the amount of IL -6- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) a. continued.... $150,000. SSP Properties proposes to construct a 15,000 sf., all brick or brick and stone trim, single -story building mainly for ADA requirements. The lessor will be the General Services Administration who will lease the site for South Bend Social Security Administration Offices. SSP Properties is in preliminary negotiations with another government agency for a 12,000 to 14,000 sf masonry building on the same site. The second building requires the tenant to be located on the second floor. The developer has successfully bid and built for the federal government in three Indiana cities. In two of these three cities SSP Properties were solicited to bid and replace their facilities and did so successfully. SSP Properties has been solicited to come to Hammond, Michigan City, South Bend, Evansville, and Indianapolis. Their track record for bidding and number ten rating for management makes this attractive for GSA Offices. SSP Properties has been asked to go to Canton, Ohio and Akron, Ohio to build a 150,000 to 235,000 sf building and a secure 150,000 sf. garage. SSP Properties enclosed a site plan of their current GSA project in Muncie, Indiana. Cad drawings and disks for the South Bend proposed project will be available after acceptance and prior to formal bidding of construction. This proposal for $150,000 cash at closing is contingent upon successful bidding of GSA contract, survey, title insurance, G -7- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) a. continued.... seller's removal of all structures and accceptable EPA reports. SSP Properties enclosed a check for $15,000 as the performance grantee. Mrs. Kolata opended the second bid and noted that it was for all three portions of the property (Parcels A, B and C) in the amount of $5,000. The performance grantee of $500.00 was enclosed. The applicant is BCP Partnership from Mishawaka, Indiana. The partnership has been formed for this project but has no financial statement at this time. BCP Partnership proposes to renovate the existing structure and parking lot. The parking lot will be cleaned up, repaired, and re- surfaced where necessary. Curb cuts on Michigan Street will be improved and accented with trees in a small grassy area. Existing lighting will be repaired, clean up of the parking area and exterior of the building will be of high priority. The building will be completely renovated for light manufacturing, office commercial and service commercial. BCP Partnership enclosed renderings of the exterior renovation proposals. BCP Partnership plans on a high quality exterior rehabilitation on all sides of the building, along with keeping as much of the integrity of the building as possible. BCP Partnership enclosed drawings that show the interior of the building. They currently have a light manufacturing business that will occupy the rear 13,000 IL -8- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) a. continued.... sf. for manufacturing, and the front 4,000 sf of the second floor for their offices. The basement will consist of the records storage business that will be equipped with fire protection. The remainder of the second floor will be used for specialty temperature control storage. The front 7,000 sf of the first floor facing Michigan Street will be divided into four, five or six leasable spaces. BCP Partnership presently has an organization that will lease 2,500 sf. Parcel B, which is south of the main building will be used for additional parking and future development. BCP Partnership objects to some of the bid specifications regarding Parcel C; they feel that this portion of the property is the most important. This portion would create income while the other parcels are developing. BCP Partnership proposes to construct mini- warehouse storage units on this parcel. They would construct four buildings in two phases, the total amount would be a little over 20,000 sf. The proposed project cost is estimated at approximately $380,000 plus the mini- warehouse storage units would make the total cost approximately $740,000. Mrs. Kolata recommended the staff review the bids and return to the Commission with a report at a later date. ma South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) a. continued.... Mr. Donoho asked a question regarding GSA's time table for the proposed project. Mr. Doolittle stated that he is representing SSP Properties. He said that the GSA plans to complete the selection process by the end of 1996. If GSA should need additional time, Mr. Doolittle asked that the Commission consider SSP Properties putting up a non - refundable risk of $5,000 for an additional sixty days. Mrs. Kolata stated that she talked with one of GSA's representatives two weeks ago and at that time they were still preparing information and had not yet sent out a Request for Proposals. They've sent their representatives into the community to look at the market to see what is available to them. GSA is waiting for a report from the Social Security Administration at which point they would be able to put out their Request for Proposals. Mr. Doolittle stated that he met with GSA's representatives at the site and the informal report is that the location at 602 S. Michigan Street is the preferred site. Mrs. Auburn noted that the bids will be referred to the staff for a report to be submitted at a later date. -10- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) a. continued.... Mrs. Kolata noted that neither of the two bids for the property located at 602 S. Michigan Street meet the minimum offering price. b. Receipt of bids on 505 W. Washington in the West Washington Chapin Development Area. Mrs. Kolata noted that the first bid is in the amount of $13,500. Enclosed in the proposal was a check for the 10% performance guarantee from Dennis J. Emery at 501 W. Washington. His proposal is to purchase the property and improve it with proper paving and landscaping for the use by residents living in the adjacent thirty -nine unit property that Mr. Emery has owned for more than twenty -four years located at 501 W. Washington. Mr. Emery has submitted a paving estimate from Asphalt Engineers and a landscaping plan from Landscaping Unlimited showing some trees and planting areas between the sidewalk and the parking lot. Mr. Donoho asked what was the minimum purchase price for the lot. Mrs. Kolata responded that the minimum price is $12,000. Mrs. Kolata noted that the other bid for the property at 505 W. Washington is from Lex Investments, Inc. at 509 W. Washington. Enclosed was an offer in the -11- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) b. continued.... amount of $16,500 for the property. Lex Investments, Inc. included in their proposal a site plan that was prepared by Joe Dzierla & Associates Architects. Lex Investment, Inc. intends to use the site as a parking lot integrated with and complementing the present use of 509 W. Washington. The advantage of this proposal is that the parking lot will only be used during the day. The parking pattern is low density and there is no curb cut requested. Lex Investment, Inc. has a financing commitment from Valley American Bank. They intend to complete the project four to six weeks after acquiring the title. There was also a check in the amount of $2,000 that is slightly more than the 10% required for the performance guarantee. Mr. Emery stated that his building is located at 501 W. Washington and has been there since 1910. It is a downtown residence and has no parking lot except for the four residential spaces that the City provided. Mrs. Auburn asked Mr. Emery if most of his residents work during the day so that their parking needs would be mostly at night. Mr. Emery stated that most of his residents are retired and have cars and some of the residents are on social security and disability that have cars and drive. Mr. Jim Knepp from Lex Investments, C -12- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) b. continued.... Inc. stated that Lex Investments, Inc. owns the building located at 509 W. Washington. They have been interested in demolishing the building that previously was on this property for years and would like to adquire the lot for low- density use. They serve elderly clients who appreciate the idea of a one story building. They have made a substantial investment totaling approximately $340,000 in their present site. Lex Investments, Inc. anticipates at the time of completion of the parking lot they will have invested over $30,000 to $35,000 into the project. They appreciate the idea of the requirements of the City with landscaping recognizing that they are not in a parking environment. They would like to contribute to the greenspace objective. Lex Investments, Inc. would integrate the parking lot into the present existing curb cut reducing the likelihood of any accidents in that area because of the proximity of the lot itself to the intersection of Washington and Williams Street. Mrs. Auburn asked Mr. Knepp if they have any parking spaces at all with their current site? Mr. Knepp stated that they have parking behind the building that is occupied by their staff. Mrs. Auburn asked how many spaces they have. C; -13- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) b. continued.... Mr. Knepp responded that there are twelve spaces. Mrs. Kolata asked if either Lex Investments, Inc. or Mr. Emery have determined how many spaces can go into the parking lot. Mr. Knepp stated that they had the parking lot designed for sixteen parking spaces which was the maximum density and chose to reduce it to nine. The sixteen was based upon the integration of the lot and their driveway. They've asked their architect to use a low- density pattern which results in nine spaces. Mrs. Aubun asked how many spaces were in Mr. Emery's design. Mr. Emery responded that the Asphalt Engineers indicated to him that the City would inform him of how many spaces would be required. Mrs. Auburn noted that the bids will be referred to staff for review and report to the Commission at a later date. c. Public Hearing on Resolution No. 1452, a supplemental appropriation of the City of South Bend Redevelopment Commission. (Sample -Ewing Development Area) Mrs. Kolata noted that the Legal Notice of public hearing were published in the -14- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) c. continued.... Tri- County News and the South Bend Tribune on August 23, 1996. Resolution No. 1452 states the Commission's intent to appropriate $339,680. Resolution No. 1451 was adopted on August 16, 1996 stated the Commission's intent to appropriate a larger amount. Resolution No. 1452 reduces that amount to $339,680. It appropriates money used for projects in the Sample -Ewing Development Area primarily for the construction of the new boulevard to go between Ivy Tech and the Parkview Juvenuile Justice Center. Mrs. Auburn opened the Public Hearing for anyone who wished to speak. There was no one who wished to speak concerning Resolution No. 1452. Mrs. Auburn closed the Public Hearing for whatever action the Commission wished to take. d. Commission approval requested for Resolution No. 1452 Upon a motion by Mr. Donoho, seconded by Mr. Hunt and unanimously carried, the Commission adopted Resolution No. 1452, a supplemental appropriation resolution of the City of South Bend Redevelopment Commission. (Sample - Ewing Development Area) e. Commission approval requested for Resolution No. 1456 approving an application for real property tax -15- PUBLIC HEARING ON RESOLUTION NO. 1452 COMMISSION ADOPTED RESOLUTION NO. 1452, A SUPPLEMENTAL APPROPRIATION RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION (SAMPLE -EWING DEVELOPMENT AREA) South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) e. continued.... deduction for property located at 2424 Foundation Drive in the Airport Economic Development Area. ( Nimet Industries, Inc.) Mike Beitzinger gave the staff report. Nimet Industries is in the industrial coatings business servicing high -end users of industrially coated products. Nimet applies various coatings to machinery and equipment to enable products to perform at high tolerances in extremely adverse conditions. Their project calls for the building of a 24,000 square foot addition to the facility on Foundation Drive at a cost of $1,000,000, and will add new manufacturing equipment at a cost of $750,000 bringing the total project cost to $1,750,000. Per the petition, it is estimated that this project will create nine (9) new permanent full -time jobs within the first year, representing an annual payroll of $190,000 and will maintain seventy (70) permanent full -time and five (5) permanent part-time jobs, representing an annual payroll of $1,500,000. A review of the tax abatements previously granted finds that Nimet Industries has been granted two previous tax abatements. The first, a three year real property abatement granted in 1990, and the second, a five year personal property abatement granted in 1992. Nimet Industries is in compliance with the reporting requirements for the previous abatements. The building commissioner IL -16- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) e. continued.... has reviewed the petitions and finds the property to be properly zoned for the proposed use. A review of the Redevelopment designation areas finds that the property is located in the Airport Economic Development Area, which is a Tax Incremental Allocation Area, therefore, the petitions first require the approval of the South Bend Redevelopment Commission. A review of the tax abatement finds that Nimet Industuries, Inc. meets the qualifications for a six (6) year real property tax abatement and meets the qualifications for a five (5) year personal property tax abatement. A review of the cost of the tax abatement using an estimated project cost of $1,000,000 shows the estimated amount of taxes generated is approximately $280,242. The estimated amount to be abated is over six years is approximately $164,409. Taxes generated under the real property tax abatement are approximately $115,833. Review of the five year personal property abatement schedule with an estimated equipment cost of $750,000 results in taxes over five years is approximately $670,959. The estimated amount abated over five years is approximately $55,909. The taxes generated with the abatement are approximately $12,050. -17- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) e. E continued.... Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission adopted Resolution No. 1456 approving an application for real property tax deduction for property located at 2424 Foundation Drive in the Airport Economic Development Area. (Nimet Industries, Inc.) Commission approval requested for Resolution No. 1457 approving an application for personal property tax deduction for property located at 2424 Foundation Drive in the Airport Economic Development Area. (Nimet Industries, Inc.) Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission adopted Resolution No. 1457 approving an application for personal property tax deduction for property located at 2424 Foundation Drive in the Airport Economic Development Area. (Nimet Industries, Inc.) g. Commission approval requested for Lease Renewal Proposal for Office Interiors in the Palais Royale Building. Mrs. Kolata noted that when the City entered into the most recent lease with Office Interiors, it provided for an option period. The option period was for a three year term with a 10% increase in rent. fir' -18- COMMISSION ADOPTED RESOLUTION NO. 1456 APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 2424 FOUNDATION DRIVE IN THE AIRPORT ECONOMIC DEVELOPMENT AREA. (NINIET INDUSTRIES, INC.) COMMISSION ADOPTED RESOLUTION NO. 1457 APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 2424 FOUNDATION DRIVE IN THE AIRPORT ECONOMIC DEVELOPMENT AREA. (NIMET INDUSTRIES, INC.) South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) g. continued.... Office Interiors has requested a two year renewal with a 10% increase. The staff finds this to be acceptable due to the fact that Office Interiors might come back for the third year at a later date. The rent would be increased to $2,197.94 per month. The staff recommends that the Commission approve the two year extension. Upon a motion by Mr. Hojnacki, seconded by Mr. Hunt and unanimously carried, the Commission approved the Lease Renewal Proposal for Office Interiors in the Palais Royale Building. h. Commission approval requested for Agreement for Surveying Services with Cole Associates Inc. (Morris Performing Arts Center Project) Mrs. Kolata noted that the City has had the architect on the Morris doing some modifications and re- designs of the exterior of the building and the way the loading docks will work on the Morris. It requires the Commission to get some additional surveys to show not only what property will be needed for construction and for easments. Upon a motion by Mr. Hunt, seconded by Mr. Hojnacki and unanimously carried, the Commission approved the Agreement for Surveying Services with Cole Associates Inc. (Morris Performing Arts Center Project) -19- COMMISSION APPROVED THE LEASE RENEWAL PROPOSAL FOR OFFICE INTERIORS IN THE PALAIS ROYALE BUILDING COMMISSION APPROVED THE AGREEMENT FOR SURVEYING SERVICES WITH COLE ASSOCIATES INC. (MORRIS PERFORMING ARTS CENTER PROJECT) South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) I. Commission approval requested for use of the Palais Royale Building by Michiana Arts & Sciences Council for the 1997 Carnival for the Arts. Mrs. Kolata asked permission to table item 6.i. There were no objections and item 6.i. was table. j. Commission approval requested for Corporate Undertaking in the Sample - Ewing Development Area. Mrs. Kolata noted that this is related to the Ivy Tech site. This pledges that the staff will continue the Eminent Domain proceedings that have been filed and under which the City has acquired the property. Upon a motion by Mr. Hunt, seconded by Mr. Hojnacki and uanimously carried, the Commission approved the Corporate Undertaking in the Sample -Ewing Development Area. L Commission approval requested for agreement with NIPSCO related to Ivy Tech site in the Sample -Ewing Development Area. Mrs. Kolata noted that the staff has reached an agreement with Ivy Tech that certain costs associated with making the site available for Ivy Tech will be paid from a portion of the purchase price that Ivy Tech is paying for the land in the amount of $575,000. $275,000 of that amount is to put into an escrow fund for -20- ITEM 6.I. WAS TABLED COMMISSION APPROVED THE CORPORATE UNDERTAKING IN THE SAMPLE -EWING DEVELOPMENT AREA South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) k. continued.... certain eligible costs. One of the costs is for moving a high pressure and medium pressure gas main. Mrs. Kolata stated that the contract with Ivy Tech allows the staff to use the escrow fund to pay for the move of the gas mains. That will cost $180,214 to be paid to NIPSCO. Upon a motion by Mr. Hojnacki, seconded by Mr. Hunt and unanimously carried, the Commission approved the agreement with NIPSCO, subject to closing on the land with Ivy Tech, related to the Ivy Tech site in the Sample -Ewing Development Area. 1. Commission approval requested for proposal from Omnicraft related to the Blackthorn Corporate Park. Mrs. Kolata noted that the staff has been working on some marketing proposals for the Blackthorn Corporate Park that Coldwell Banker suggested be done. This is to construct a display case in the Blackthorn Club House that will hang on the wall in the dining area. COMMISSION APPROVED THE AGREEMENT WITH NIPSCO SUBJECT TO CLOSING RELATED TO THE IVY TECH SITE IN THE SAMPLE -EWING DEVELOPMENT AREA Upon a motion by Mr. Hojnacki, COMMISSION APPROVED THE PROPOSAL FROM seconded by Mr. Donoho and OMNICRAFT RELATED TO THE BLACKTHORN unanimously carried, the Commission CORPORATE PARK approved the proposal from Omnicraft related to the Blackthorn Corporate Park. m. Commission approval requested for Certification of Completion for Sullivan Properties L.L.C. in the IL -21- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) m. continued.... Airport Economic Development Area. Mrs. Kolata noted that Sullivan Properties L.L.C. has completed their project and the certificate releases them from any further obligations under their contract and authorizes the Commission to return the 10% performance guarantee. Upon a motion by Mr. Donoho, seconded COMMISSION APPROVED THE CERTIFICATE OF by Mr. Hunt and unanimously carried, the COMPLETION FOR SULLIVAN PROPERTIES L.L.C. IN Commission approved the Certificate of THE AIRPORT ECONOMIC DEVELOPMENT AREA Completion for Sullivan Properties L.L.C. in the Airport Economic Development Area. n. Commission approval requested for Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 1014 N. Eddy (Norman L. & Deborah G. Buckman) Mrs. Kolata noted that this Certificate of Waiver forgives $789.00 as of August 30, 1996 for Norman L. And Deborah G. Buckman. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 1014 N. Eddy. (Norman L. and Deborah G. Buckman) -22- COMMISSION APPROVED THE CERTIFICATE OF WAIVER IN CONNECTION WITH THE RENTAL REHAB LOAN PROGRAM FOR PROPERTY LOCATED AT 1014 N. EDDY (NORMAN L. AND DEBORAH G. BUCKMAN) South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) o. Commission approval requested for Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 511 Blaine. (Housing Development Corporation) Mrs. Kolata noted that this Certificate of Waiver forgives $870.00 as of July 28, 1996. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 511 Blaine. (Housing Development Corporation) p. Commission approval requested for Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 1349 E. Dubail. (Daniel Kois) Mrs. Kolata noted that this Cerificate of Waiver forgives $606.72 as of August 1, 1996. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 1349 E. Dubail (Daniel Kois) q. Commission approval requested for Certificate of Waiver in connection -23- COMMISSION APPROVED THE CERTIFICATE OF WAIVER IN CONNECTION WITH THE RENTAL REHAB LOAN PROGRAM FOR PROPERTY LOCATED AT 511 BLAINE (HOUSING DEVELOPMENT COPORATION) COMMISSION APPROVED THE CERTIFICATE OF WAIVER IN CONNECTION WITH THE RENTAL REHAB LOAN PROGRAM FOR PROPERTY LOCATED AT 1349 E. DUBAIL (DANIEL KOIS) South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) q. continued.... with the Rental Rehab Loan Program for property located at 236 East Fox Street. (Northern Oak Homes) Mrs. Kolata noted that this Certificate of Waiver forgives $750.00 as of May 30, 1995 and $750.00 as of May 30, 1996. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 236 East Fox Street. (Northern Oak Homes) r. Commission approval requested for Certificate of Waiver in connection with the Rental Rehab Loan Program for property located at 202 Bartlett. (James K., Penny A and Scott Hughes) Mrs. Kolata noted that this Certificate of Waiver forgives $945.40 as of July 24, 1996. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the Certificate of Wavier in connection with the Rental Rehab Loan Program for property located at 202 Bartlett. (James K., Penny D. and Scott Hughes) s. Commission approval requested for Loan and Grant in connection with the -24- COMMISSION APPROVED THE CERTIFICATE OF WAIVER IN CONNECTION WITH THE RENTAL REHAB LOAN PROGRAM FOR PROPERTY LOCATED AT 236 EAST FOX STREET (NORTHERN OAK HOMES) COMMISSION APPROVED THE CERTIFICATE OF WAIVER IN CONNECTION WITH THE RENTAL REHAB LOAN PROGRAM FOR PROPERTY LOCATED AT 202 BARTLETT (JAMES K., PENNY D. AND SCOTT HUGHES South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) s. continued.... Afforadable Loan Program for property located at 918 Amhurst. (Zacarias Santos) Mrs. Kolata noted that the loan to Zacarias Santos is in the amount of $3,500 at 3% interest for 9 months with monthly payments of $37.02. The grant is in the amount of $2,178. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the Loan and Grant in connection with the Affordable Loan Program for property located at 918 Amhurst. (Zacarias Santos) t. Commission approval requested for Loan and Grant in connection with the Affordable Loan Program for property located at 510 W. Navarre. Mrs. Kolata explained that the loan to Carol Ann Anderson is in the amount of $6,700.00 at 0% interest for 10 years with monthly payments of $55.83. The grant is in the amount of $6,512.00 COMMISSION APPROVED THE LOAN AND GRANT IN CONNECTION WITH THE AFFORDABLE LOAN PROGRAM FOR PROPERTY LOCATED AT 918 AMHURST (ZACARIAS SANTOS) Upon a motion by Mr. Hunt, seconded by COMMISSION APPROVED THE LOAN AND GRANT Mr. Donoho and unanimously carried, the IN CONNECTION WITH THE AFFORDABLE LOAN Commission approved the Loan and PROGRAM FOR PROPERTY LOCATED AT 510 W. Grant in connection with the Afforadable NAVARRE (CAROL ANN ANDERSON) Loan Program for property located at 510 W. Navarre. (Carol Ann Anderson) -25- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) u. Commission approval requested for use of the Morris Civic Plaza on September 7, 1996. Mrs. Kolata noted that the request is from La Casa De Amistad who wishes to hold their Fiesta Michiana on the Morris Civic Plaza on September 7, 1996. They have provided a Certificate of Insurance. The staff recommends the approval. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission approved the use of the Morris Civic Plaza on September 7, 1996. v. Commission approval requested for Resolution No. 1458, a resolution of the South Bend Redevelopment Commission approving the transfer of real property to the City of South Bend, Indiana. Mrs. Kolata noted that this resolution states the Commission's intent to sell a piece of property to Ivy Tech for $575,000. Upon a motion by Mr. Hunt, seconded by Mr. Hojnacki and unanimously carried, the Commission adopted Resolution No. 1458, a Resolution of the South Bend Redevelopment Commission approving the transfer of real property to the City of South Bend, Indiana. -26- COMMISSION AUTHORIZED THE USE OF THE MORRIS CIVIC PLAZA ON SEPTEMBER 7, 1996 COMMISSION ADOPTED RESOLUTION NO. 1458, A RESOLUTION OF THE SOUTH BEND (IVY TECH) REDEVELOPMENT COMMISSION APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND, INDIANA (IVY TECH) South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) w. Commission approval requested for proposals for professional services. Mrs. Kolata noted that the staff had a discussion with the owner of HTI and he is interested in selling the property at 529 Crescent Ave. adjacent to the Design Packaging property that Redevelopment owns on Niles Avenue. The staff requests that the Commission hire Bernie Dedrich at a fee of $800.00 to appraise the property. The second appraiser is Douglas L. Carpenter to be paid $700.00 for professional services. The staff recommends accepting both proposals. The Commission will take action at a later date to authorize sending a purchase offer on this property. Upon a motion by Mr. Donoho, seconded COMMISSION APPROVED THE PROPOSALS FOR by Mr. Hunt and unanimously carried, the PROFESSIONAL SERVICES Commission approved the proposals from Appraisal Group, Inc. and Douglas L. Carpenter & Associates for professional services. z. Commission approval requested for Resolution No. 1459 authorizing such actions as may be necessary for the sustitution and replacement of the credit facility for the South Bend Redevelopment Authority Variable Rate Demand Lease Rental Revenue Bonds of 1994 (Hall of Fame) Mrs. Manier noted that the Redevelopment Authority has a letter of credit backing for the Hall of Fame Bond. The staff has been approached by another -27- South Bend Redevelopment Commission Regular Meeting - September 6, 1996 6. NEW BUSINESS (Cont.) x. continued... financial institution that offered to provide a substitute letter of credit under such terms and conditions that would realize a savings to the Commission that totals approximately $90,000 annually depending upon the interest rate. Upon a motion by Mr. Hojnacki, seconded by Mr. Donoho and unanimously carried, the Commission adopted Resolution No. 1459 authorizing such actions as may be necessary for the substitution and replacement of credit facility for the South Bend Redevelopment Authority Variable Rate Demand Lease Rental Revenue Bonds of 1994. (Hall of Fame) 7. PROGRESS REPORTS 8. NEXT COMMISSION MEETING The next Regular Meeting of the Redevelopment Commission is scheduled for October 4, 1996 at 10:00 a.m. 9. ADJOURNMENT COMMISSION ADOPTED RESOLUTION NO. 1459 AUTHORIZING SUCH ACTIONS AS MAY BE NECESSARY FOR THE SUBSTITUTION AND REPLACEMENT OF CREDIT FACILITY FOR THE SOUTH BEND REDEVELOPMENT AUTHORITY VARIABLE RATE DEMAND LEASE RENTAL REVENUE BONDS OF 1994. (HALL OF FAME) NEXT COMMISSION MEETING There being no further business to come before ADJOURNMENT the Redevelopment Commission, Mr. Hojnacki made a motion that the meeting be adjourned. Mr. Donoho seconded the the motion and the meet' was adjourned at 11:05 a.m. � N - (�J, Paula N. Auburn, President -28- Ann E. Kolata, Director